Cryptocurrency Circle Liying: On November 30, the bullish engulfing pattern of Solana (SOL) suggests a short-term rebound, but the upside potential is limited! Latest market analysis and operational advice.

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Liying in the Crypto Circle: Latest Market Analysis of Solana (SOL)

Article Published on 2025.11.30—01:30

The current price of Solana is 137.1. Liying assesses that the current SOL market is in a range-bound oscillation pattern, with the price close to the strong support level of 130.1, which is a previous low and holds significant technical meaning. At the same time, a bullish engulfing pattern has appeared on the technical chart, suggesting a potential rebound in the short term. However, the upward space may be limited, and close attention should be paid to the performance of the strong resistance level at 137.1.

The daily line has retreated from a high of around 143 to the 137 range, forming a series of bearish candles followed by slight oscillation, presenting a weak rebound pattern. The pressure on the 2-hour K-line is relatively strong, and in the short term, it remains in a bearish oscillation trend. The MACD 2-hour momentum is still weak. The EMA 2-hour shows a bearish arrangement. Overall, Liying believes that there is not much space for operation in the oscillation of the market during the weekend, and it is recommended to observe.

Today's Latest Reference Points

Long Entry at 135, Add at 133, Stop at 131, Target at 140

Short Entry at 140, Add at 143, Stop at 145, Target at 135

The above analysis is based on Liying's conclusions drawn from market data and trend analysis and does not constitute investment advice. It is for reference only. It is hoped that it can help others with dreams find their place in this unpredictable market and embark on their own successful journey.

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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